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Tag: CGT

What is Capital Gains Tax (CGT Simplified)

What is Capital Gains Tax (CGT Simplified)

  Today we’ll discuss What CGT is, what assets qualify for CGT, who pays CGT, and the percentage charged. What is Capital Gains Tax? Capital gains tax is charged on the gains arising from disposal of a chargeable asset. So, if Company A buys a generator for day-to-day use (a